Guatemala
On this page you will find beneficial information regarding foreign direct investment in / trading with Guatemala. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Presidential Republic
Population: 17.35 million (2022)
GDP: 95 billion USD (2022)
Corporate Tax Rate: 25%
Personal Income Tax Rate: 5% - 7%
Major Exports: Coffee ($1.15B), Bananas ($1.12B), Palm Oil ($937M), Raw Sugar ($816M), and Knit Sweaters ($553M), exporting mostly to United States ($5.23B), El Salvador ($2.03B), Honduras ($1.58B), Nicaragua ($1B), and Mexico ($692M).
Major Imports: Refined Petroleum ($4.4B), Video Displays ($795M), Cars ($706M), Packaged Medicaments ($598M), and Delivery Trucks ($594M), importing mostly from United States ($10.1B), China ($5.47B), Mexico ($2.86B), El Salvador ($1.21B), and Costa Rica ($821M).
Investment Agency: Guatemala's Private Investment Promotion Agency
Website: https://investguatemala.com/
National Chamber of Commerce: Cámara de Comercio de Guatemala
Website: https://ccg.com.gt/
Customs Agency: Superintendencia de Administración Tributaria (SAT)
Website: https://portal.sat.gob.gt/
